Lumentum Impresses with Growth Acceleration and Three Concrete Drivers!
Supply shortages are driving favorable price increases
The quarterly revenue target of $600 million has now been achieved
Reading Time: 2 minutes
Lumentum Holdings (LITE) is emerging as a key partner for leading AI companies, specializing in photonic technologies to enable fast and reliable data transmissions. In addition to basic components, more comprehensive system sales already account for more than a third of total sales, allowing for higher revenues to be generated. The CEO names three crucial drivers: Cloud Transceivers, Optical Circuit Switches (OCS), and Co-Packaged Optics (CPO). Due to high demand, wafer capacities will be expanded by 40% faster than planned. I believe that here...
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